Photo credit: Andrew Harrer/Bloomberg Shareholders Say They're Entitled to Vote Before TripAdvisor Moves to Nevada
The shareholder plaintiffs argue unless and until the companies are actually moved to Nevada, they're governed by Delaware law, which requires a shareholder vote before a Delaware-incorporated state can be reorganized anywhere else.
April 24, 2023 at 04:01 PM
4 minute read
Shareholders are asking the Court of Chancery to decide whether they get a say in whether TripAdvisor's incorporation moves from Delaware to Nevada, claiming they're being shut out of a decision that affects their litigation rights.
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